In Kiev, they said that the land bought in Ukraine by the Russians will be confiscated

Transactions on the purchase of Ukrainian land by the Russians will be monitored, and the plots will be confiscated. This was announced on June 27 on the air of the Dom TV channel by the Deputy Head of the Ministry of Economy of Ukraine Taras Vysotsky.

According to the official, Russian citizens will not be able to buy plots of land in Ukraine, as this is prohibited by law.

“If they somehow try to bypass the law, formalize transactions through the Ukrainians, we will track it. The state, the SBU and the State Geocadastre, ”Vysotsky said.

In case of revealing the facts of land acquisition, the plots will be confiscated in favor of the state. As a check before the transaction is made, the sources of funds that the buyer pays will be studied, the deputy minister added.

In the spring of 2020, President of Ukraine Volodymyr Zelenskyy signed a decree on the turnover of agricultural land in the country. Only citizens of Ukraine will be able to acquire ownership of land plots with an area of ​​up to 100 hectares. From January 1, 2024, such an opportunity will also be provided to legal entities owned by Ukrainians. They will be able to buy up to 10 thousand hectares of land.

The sale of state and communal lands is prohibited.

In April, the Verkhovna Rada adopted a law abolishing the moratorium on the sale of agricultural land from July 1, 2021. Foreigners will not be able to buy land in Ukraine. The adoption of the document was one of the requirements of the IMF to provide Kiev with a new loan. News

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